Monday, 22 September 2014
Last updated 36 min ago
Sep 27 2010 | 3:12pm ET
A Brazilian Credit Suisse hedge fund manager is pushing to launch his own money management firm under the Swiss bank’s aegis.
Luis Stuhlberger is in talks with Credit Suisse to establish an independent fund management group within the firm, Valor Economico reports. Stuhlberger manages Credit Suisse’s Hedging-Griffo Fundo Verde, Brazil’s largest hedge fund with nearly US$6 billion in assets under management.
Stuhlberger reportedly wishes to be more vocal, without harming Credit Suisse’s image, according to the newspaper. His recent remarks on the country’s economic policies have caused concern at Credit Suisse, which has a large investment banking business in Brazil.
“There are talks about a new work arrangement with Credit Suisse, but nothing outside the bank,” Stuhlberger told Valor Economico. Stuhlberger’s non-compete agreement with the bank runs through 2015.
Credit Suisse currently owns half of Hedging-Griffo and is set to buy the rest at the end of next year.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
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